October 2, 2013 9:38 am
British pound traded steadily in proximity to nine-month highs against the US dollar on Wednesday, following the release of construction PMI data out of the United Kingdom, which showed a certain slow down in activity. GBP/USD reached a session high at 1.6215 at 8:59 GMT, after which consolidation followed at 1.6201. Support was to be […]
Read moreOctober 2, 2013 9:04 am
New Zealand dollar lost ground sharply against the greenback on Wednesday, reaching the lowest point in two-weeks, as risk appetite was dampened because of the uncertain effect upon global economy by the US government shutdown. NZD/USD fell to a session low at 0.8194 at 2:30 GMT, also the pairs lowest point since September 17th, after […]
Read moreOctober 2, 2013 8:20 am
The euro traded steadily against the US dollar on Wednesday, as US budget concerns continued, but the greenback seemed to be still supported after the strong manufacturing data, released by the ISM yesterday. EUR/USD fell to a session low at 1.3507 at 1:50 GMT, after which consolidation followed at 1.3520, decreasing 0.04% for the day. […]
Read moreOctober 2, 2013 7:17 am
Australian dollar lost ground against its US counterpart on Wednesday, following the release of Australian trade balance and building approvals reports. AUD/USD fell to a session low at 0.9352 at 6:13 GMT, after which consolidation followed at 0.9358, losing 0.45% for the day. Support was likely to be received at September 30th low, 0.9281, while […]
Read moreOctober 1, 2013 2:51 pm
US dollar rose to a session high against its Canadian peer on Tuesday, following the release of upbeat manufacturing data out of the United States. USD/CAD reached 1.0325 at 14:25 GMT, currently the highest point for Tuesday trade. Support was likely to be received at September 24th low, 1.0267, while resistance was to be met […]
Read moreOctober 1, 2013 1:03 pm
The euro came off earlier highs against the US dollar on Tuesday, as German unemployment report disappointed market expectations and boosted concerns that economic activity might have reached its peak in the mid-summer period. Having touched a session high at 1.3587 at 6:50 GMT, EUR/USD cross fell to 1.3534 at 11:10 GMT. Support was likely […]
Read moreOctober 1, 2013 9:15 am
US dollar declined to its lowest point in 19 months against the Swiss franc on Tuesday, as the partial shutdown of the US government fueled concerns that the Federal Reserve Bank will continue the course of an eased monetary policy. USD/CHF tumbled to a session low at 0.8993 at 7:00 GMT, also the pairs lowest […]
Read moreOctober 1, 2013 8:41 am
US dollar lost ground against the Japanese yen on Tuesday, after the US government embarked on a partial shutdown, as Congress did not reach an agreement on the next fiscal year budget. USD/JPY reached a session low at 97.82 at 7:15 GMT, after which consolidation followed at 97.93, falling 0.30% on a daily basis. Support […]
Read moreOctober 1, 2013 8:00 am
The euro traded in proximity to its highest point in seven months against the US dollar on Tuesday, after the US government embarked on a partial shutdown, as Congress did not reach an agreement on the next fiscal period budget. EUR/USD reached a session high at 1.3586 at 6:54 GMT, after which consolidation followed at […]
Read moreOctober 1, 2013 6:47 am
Australian dollar received support against its US peer on Tuesday, following better-than-projected retail sales data out of Australia and as Reserve Bank of Australia (RBA) left its benchmark interest rate unchanged at its monthly meeting. AUD/NZD rose to a session high at 0.9400 at 5:31 GMT, after which consolidation followed at 0.9393, gaining 0.74%. Support […]
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